TODAY's TECHNICAL LEVELS:
Resistance. 3 : 98.87.
Resistance. 2 : 98.68.
Resistance. 1 : 98.48.
Support. 1 : 98.24.
Support. 2 : 98.04.
Support. 3 : 97.85.
DESCRIPTION :
Please, pay attention to the levels of support 3 (97.85) and resistance 3 (98.87). Normally, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today.